Pre-school education services are tax exempt now

On June 4, 2014 the official website of Russian President published information on amendments to Article 149 of the Tax Code of the Russian Federation

On June 4, 2014 the official website of Russian President published information on amendments to Article 149 of the Tax Code of the Russian Federation

The law exempts pre-school education services from taxation.

“The President signed the Federal Law “On Amendments to Article 149 of the Tax Code of the Russian Federation”

The federal law passed by the State Duma on 23 May 2014 and approved by the Federation Council on 28 May 2014.

According to information provided by the State Legal Department of the President of the Russian Federation, the document specifies the name of the operation, exempt from value added tax.

In particular, according to the law, childcare services performed by organizations engaged in educational activities and implementing educational programs of preschool education are not subject to taxation (tax exempt).